Macron prepares enabling act to slash contracts, labor rights in France - World Socialist Web Site
▻http://www.wsws.org/en/articles/2017/05/23/macr-m23.html
The Macron administration has no mandate whatsoever to carry out the program it is proposing. The labor law was deeply unpopular even without its most controversial provisions; former PS President François Hollande’s economic policy, which Macron helped formulate, had a 4 percent approval rating. Now Macron is advancing such a program after an election that he won largely by default, because he was facing deeply unpopular neo-fascist candidate Marine Le Pen.
Macron, a former investment banker at the Rothschild bank, aims to impose the arrogant diktat of the banks. Under Hollande’s presidency, as workers’ living standards fell, the wealth of top French multi-billionaires like Liliane Bettencourt and Philippe Arnault nearly doubled. With the world economy still mired in crisis, however, and France’s economic position and its weight in world trade continuing to fall, the ruling class is determined to squeeze even more money out of workers and place it in the hands of the super-rich.
The working class is faced with a political struggle against an absolutely ruthless government that is willing to resort to forms of repression unseen in France since the 1940s in order to ram through the diktat of the banks. The new administration is aware that it faces massive popular opposition and is making detailed plans to crush strikes and protests.
Last week, the media revealed that the PS had made plans for a coup d’état after the presidential elections, to be implemented had Marine Le Pen won. Its purpose would not have been to topple Le Pen, however, but to crush anti-fascist protests and suspend normal parliamentary procedure by imposing a PS government on Le Pen.
